THE EXECUTORS OF PAUL HUNT JAMES HUNT ROBERT DAVIS v THE COMMISSIONERS FOR HIS MAJESTY’S REVENUE AND CUSTOMS [2026] UKUT 00342 (TCC)

Upper Tribunal Tax and Chancery decision of JUDGE JONATHAN CANNAN and JUDGE ASHLEY GREENBANK on 02 September 2026

• From: HM Courts & Tribunals Service and Upper Tribunal (Tax and Chancery Chamber)
• Published: 2 September 2026

• Category: Tax
• Release date: 2 September 2026

Read Full Decision: THE EXECUTORS OF PAUL HUNT JAMES HUNT ROBERT DAVIS v THE COMMISSIONERS FOR HIS MAJESTY’S REVENUE AND CUSTOMS

INCOME TAX – transactions in securities – Part 13 Chapter 1 Income Tax Act 2007 – whether repayment of capital by limited company incorporated in England and Wales falls within section 685(6) Income Tax Act 2007 – no – whether section 685(6) contains an obvious error in referring to subsections (2)(a) and (b) – no – appeal dismissed

Published 2 September 2026